The Fargo Brewing name is coming back. True North Beverage, the Minneapolis-based collective behind Fulton Brewing, FINNEGANS and Bemidji Brewing, has acquired the Fargo Brewing Company brand, two years after the North Dakota brewery went bankrupt and closed.
The deal was announced in a social media post, Fargo TV station KVRR reported, and the story was picked up Wednesday, Nov. 11, by KFGO. “We’re excited to announce that True North Beverage has acquired the Fargo Brewing Company brand, bringing one of North Dakota’s original craft beer favorites back to market,” the company said, as quoted by both stations.
What True North bought from Fargo Brewing
KVRR describes the deal as True North acquiring the rights to sell products under the Fargo Brewing Company brand. In other words, this is a brand acquisition, and nothing we found says True North took over a Fargo brewery building, its equipment or its staff.
Plenty of other details are still missing. The reports do not include a price or other financial terms, which beers will return, where the relaunched beer will be brewed, or when it will reach shelves and taps. We could not locate True North’s original social post, and as of Nov. 11 the company’s website did not yet mention the Fargo brand, so we have no further detail from True North directly. We will not guess at a relaunch date or a production site until the company names one.
What True North did say, per KVRR, is that it “remains committed to preserving the identities, quality, and character that made each product a favorite in its community.”
Fargo Brewing’s rise and 2024 closure
The Fargo company was founded in 2010, KVRR reported, which is why True North can fairly pitch it as one of the state’s “original craft beer favorites.” It declared bankruptcy and closed in 2024.
A brand-only purchase is one way a name with local loyalty can outlast the business that built it: an operator with spare capacity can bring the beer back without reopening the original plant. BeerAlien has followed similar ownership shuffles, from who owns Modern Times now to Wilding Brands closing its Sunnyside Canworks plant, and closures such as Black Market Brewing keep raising the question of what happens to a beer after its brewery goes dark.
Who is True North Beverage?
True North is new. In a press release posted by Fulton, the company said Fulton Brewing was acquiring Bemidji Brewing Company and launching True North Beverage as a Minnesota-based collective, with the Bemidji deal effective Oct. 31, 2026. That release lists Fulton Brewing, FINNEGANS, N*RC Sparkling THC Waters and Bemidji Brewing in the portfolio and describes shared production, sales, marketing, distribution, purchasing and administrative resources for member brands. Ryan Petz is CEO of Fulton Brewing and True North Beverage.
The Bemidji deal was built on a production partnership: Fulton’s spare capacity let Bemidji grow without building a bigger brewery, the release said. Whether the Fargo brand follows the same path is exactly the kind of detail True North has not yet announced.
For now, North Dakota drinkers have a promise and a familiar logo. BeerAlien will update this story when True North shares which Fargo beers are returning and when the first cans land.
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